Ford’s journey to electrification seems unstoppable. In Europe, Ford is planning to offer an electric vehicle lineup by 2030. To get there, the carmaker needs a clear path. Ford just revealed the electric path it would take through 2026, and it entails investing billions of dollars and introducing around seven new EVs by 2024.

Ford To Have Nine EVs In Europe By 2024

Ford has already introduced the Mustang Mach-E — HotCars' Best Electric Car of 2021 — and its GT version in Europe. It will also introduce the E-Transit in the second quarter of 2022. Ford will follow these EVs up with three new passenger EVs and four new commercial EVs in the next two years.

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In 2023, Ford will commence production of a five-seat, medium-sized crossover EV at its Ford Cologne Electrification Center. This still-unnamed EV can drive up to around 310 miles on a single charge. A sports crossover EV will follow in 2024.

In the same year, Ford will start building the EV version of the Puma — its top-selling passenger vehicle in Europe — in Craiova, Romania, starting in 2024.

Ford will also start production of the electric versions of the Transit Custom and Tourneo Custom in 2023, and Transit Courier and Tourneo Courier in 2024.

VW’s MEB To Underpin Ford’s New Crossover EVs

Ford Europe passenger EVs
Via Ford

Interestingly, Volkswagen is also offering a five-seat, medium-sized crossover EV and sports crossover EV in the persona of the VW ID.4 and the ID.5 models. VW’s MEB (Modular Electric Drive Matrix) platform underpins these models, and will also underpin Ford’s upcoming crossover EVs.

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This is because Ford and VW recently signed an agreement to allow the American carmaker to use the MEB — an open vehicle platform — as the basis for its new crossover EVs. Other EVs sitting on MEB includes the Audi Q4 e-tron and Q5 e-tron, the VW ID.3, ID.6 and ID. Buzz.

Ford To Pour $2 Billion Into Cologne EV Facility

Ford Cologne Electrification Centre location
Via Ford

Overall, Ford is planning to sell more than 600,000 EVs in Europe and more than 2 million EVs globally by 2026. To help achieve this, the carmaker is investing a total of $2 billion at the Ford Cologne Electrification Center. The investment includes a new battery assembly facility that will commence operations in 2024.

Moreover, Ford has signed a non-binding Memorandum of Understanding with SK On and Koc Holding to establish a new joint venture that would produce batteries in Turkey. Its Ford Otosan joint venture Koc Holding has also assumed ownership of its Romanian manufacturing operations, as subject to regulatory approval.

Source: Ford, Volkswagen

Ford Will Invest $5 Billion Into EVs In 2022
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